Search Rutgers Law Library N.J. Court Opinions

1 North Jersey Police Radio Association, Inc. v. Borough of Pompton Lakes -- rank: 1000

... presented that NJPRA’s leasehold interest was being taxed under N.J.S.A. 54:4-2.3 or N.J.S.A. 54:4-1.10 ...

docket:	009657-18
court:	NJ Superior Court Appellate Division
decided:	2022-11-03
status:	Unpublished
citation:
Document Size:	108179

2 VERIZON NEW JERSEY, INC v. BOROUGH OF HOPEWELL -- rank: 995

... J. Tax 564, 568 (Tax 1994). The Legislature also adopted N.J.S.A. 54:4-2.49a that same year, which provides: Notwithstanding the provisions of ... set the assessment for the following year in accordance with N.J.S.A. 54:4-2.48. In August 2008, however, Verizon wrote to Hopewell's ... sentence . . . subjects property to taxation annually.' Ibid. The judge noted N.J.S.A. 54:4-2.46 likewise provides '[t]he true value of tangible personal ... in the succeeding A-2909-18 21 calendar year,' and N.J.S.A. 54:4-2.48 requires 'the annual filing of tax returns on or ... to taxation on the preceding assessment date.'' Ibid. (first quoting N.J.S.A. 54:4-2.46 (alterations in original); and then quoting N.J.S.A. 54:4-2.48). In other words, the entire design of the ...

docket:	a2909-18
court:	NJ Superior Court Appellate Division
decided:	2023-06-14
status:	Unpublished
citation:
Document Size:	181864

3 Calton Homes, Inc. v. Tp. of West Windsor -- rank: 982

... no change in the statutory assessment criterion of true value. N.J.S.A. 54:4-2.25 mandates that the standard of value at which all ... the property be multiplied by the "county percentage level." See N.J.S.A. 54:4-2.27 (discussing the procedure for establishing the "county percentage level ...

docket:	11369-93
court:
decided:	1995-07-24
status:
citation:	15 N.J. Tax 231
Document Size:	172212

4 Gourmet Dining, LLC v. Union Township -- rank: 957

... also created limitations on the otherwise exempt status of property. N.J.S.A. 54:4-2.3 provides that real property entitled to tax exemption loses ... to taxation, just as a leasehold estate would be under N.J.S.A. 54:4-2.3. Gourmet Dining, LLC, owned and operated a fine dining ... purposes,” the Tax Court found the property taxable under N.J.S.A. 54:4-2.3 and N.J.S.A. 54:4-1.10 ... to the determination of whether tax exemption would apply under N.J.S.A. 54:4-2.3 or -1.10. (pp. 21-25) 3. The Appellate ... on the otherwise exempt status of property. In that respect, N.J.S.A. 54:4-2.3 and N.J.S.A. 54:4-1.10 are relevant in this appeal. N.J.S.A. 54:4-2.3 provides that real property entitled to tax exemption ...

docket:	a-8-19
court:	NJ Supreme Court
decided:	2020-06-30
status:
citation:
Document Size:	70339

5 /usr/local/share/www/libweb/collections/courts/tax/16504-13opn.opn.html -- rank: 945

... the portion of the building it occupies and possesses under N.J.S.A. 54:4-2.3 or N.J.S.A. 54:4-1.10 ... the Ursino Restaurant facility at Kean University.” Relying upon N.J.S.A. 54:4-2.3, Union Township maintained that Gourmet Dining was a � ... fundamentally a leasehold, and subject to local property tax under N.J.S.A. 54:4-2.3. Alternatively, Union Township argues that regardless whether Gourmet Dining� ... property tax in the instant matter. 4. Leasehold Taxing Act - N.J.S.A. 54:4-2.3 Gourmet Dining and Kean argue that Gourmet Dining’s ... in the subject property is not subject to taxation under N.J.S.A. 54:4-2.3 because it occupies the property as a manager and ... lessee thereof, or his assignee, and assessed as real estate. [N.J.S.A. 54:4-2.3.] It is important to emphasize that when a ...

docket:
court:	NJ Superior Court Law/Chancery Division
decided:
status:
citation:
Document Size:	101744

6 JOSEPH G. COLACITTI v. PHILIP D. MURPHY -- rank: 935

... not based on the assessed value of local property. Cf. N.J.S.A. 54:4-2.2e (the State is liable “for in lieu tax ...

docket:	L-0738-21
court:	NJ Superior Court Appellate Division
decided:	2023-01-09
status:
citation:
Document Size:	103461

7 JOHN E. KEANE v. THE TOWNSHIP OF MONROE -- rank: 915

... of true value established by each county board of taxation. N.J.S.A. 54:4-2.25, -2.27. The term “true value” is not ...

docket:	01147-07
court:
decided:	2001-07-02
status:
citation:
Document Size:	68939

8 Rutgers Univ. Legislative Affairs Council, Inc. v. Dir, Div of Taxation -- rank: 908

... government costs of local services to State property pursuant to N.J.S.A. 54:4-2.2b. Third, in the same light as its second argument ... upon local government costs of local services to State property...." N.J.S.A. 54:4-2.2b. In order to obtain in lieu of tax payments ... property situated in the municipality together with the assessed values. N.J.S.A. 54:4-2.2c. The Director reviews the list and makes any necessary revisions. N.J.S.A. 54:4-2.2d. Any determinations made by the Director are final and ... by the effective local purpose tax rate of the municipality. N.J.S.A. 54:4-2.2e. There are, however, two limitations. The first is that ... the State to a municipality is less than $1,000. N.J.S.A. 54:4-2.2e. Second, the in lieu payment to any municipality ...

docket:	08542-92
court:
decided:	1992-11-25
status:
citation:	12 N.J. Tax 642
Document Size:	113408

9 North Ave East, LLC v. Elizabeth City -- rank: 893

... § 1, ¶ 1 of the New Jersey Constitution and N.J.S.A. 54:4-2.25. See Inmar Assocs., Inc. v. Carlstadt, 112 N.J ...

docket:	001028-09
court:	NJ Tax Court
decided:	2018-09-21
status:	Unpublished
citation:
Document Size:	74695

10 Borough of Mendham v. Director, Division of Taxation -- rank: 853

... law and the New Jersey Constitution. The Municipalities point to N.J.S.A. 54:4-2.25, -2.26, N.J.S.A. 54:1-35 ... of county government costs. In opposition, the Director argues that N.J.S.A. 54:4-2.25 and -2.26 are inapplicable to equalization matters and ... 549. Statutory Law The court rejects the Municipalities contention that N.J.S.A. 54:4-2.25 and -2.26 prohibit the Director from calculating his ... an average true value that exceeds the equalized true value . N.J.S.A. 54:4-2.25 provides in part that: real property subject to assessment ... established by each county board of taxation… [ Id. ]. �� In addition, N.J.S.A. 54:4-2.26 requires that the “level of taxable value of ... than 100% of the standard of value”. The language of N.J.S.A. 54:4-2.25 and -2.26 specifically identifies these provisions as ...

docket:	20479-10
court:
decided:	2011-01-28
status:
citation:
Document Size:	160185

11 MOBIL OIL CORPORATION v. TOWNSHIP OF GREENWICH, -- rank: 851

... filed papers involving a supplemental argument involving an analysis of N.J.S.A. 54:4-2.45 on May 27, 1999, and this court will address ... Determination of Market Value to Rebut the Legislative Declaration of N.J.S.A. 54:4-2.45. Mobil asserts that if the court determines that the ... then the court should rule that the presumption contained in N.J.S.A. 54:4-2.45, pertaining to the valuation of such property, is rebuttable ... finds that such a ruling at this time is premature. N.J.S.A. 54:4-2.45 provides that: The true value of taxable tangible personal ... original cost. It is clear from the plain language of N.J.S.A. 54:4-2.45 that the presumption applies only to “tangible personal ... need not address the argument that the presumption contained in N.J.S.A. 54:4-2.45 is rebuttable. For all of the foregoing reasons, ...

docket:	00461-98
court:
decided:	2004-12-23
status:
citation:	22 N.J. Tax 1
Document Size:	56247

12 RUSSELL E. STODDARD v. RUTGERS, THE STATE UNIVERSITY -- rank: 839

... Housing have already been considered and addressed by the Legislature. N.J.S.A. 54:4-2.2b provides that State property is subject to an in ...

docket:	03703-08
court:
decided:	2008-08-01
status:
citation:
Document Size:	49197

13 Township of Jefferson v. Morris County Board of Taxation -- rank: 836

... Clause of the New Jersey Constitution and is contrary to N.J.S.A. 54:4-2.25 and -2.26. 3 For the reasons herein set ... Uniformity Clause of the New Jersey Constitution, as well as N.J.S.A. 54:4-2.25 and -2.26. Jefferson does not challenge the use ... tax burden of that municipality.’”) (citations omitted). c. N.J.S.A. 54:4-2.25 and -2.26 N.J.S.A. 54:4-2.25 provides that: real property subject to assessment and taxation ... by each county board of taxation . . . [ Id. (emphasis added).] Likewise, N.J.S.A. 54:4-2.26 requires that the level of taxable value of real ... and is equivalent to Jefferson’s equalized true value . Accordingly, N.J.S.A. 54:4-2.25 and -2.26 prohibit the Board from apportioning ...

docket:	01746-11
court:
decided:	2011-03-08
status:
citation:
Document Size:	68175

14 Berkeley Heights Township v. Connell Corporate Center I, LLC -- rank: 831

... Appeals , 137 N.J.L. 634 , 635 (Sup. Ct. 1948) ; N.J.S.A. 54:4-2.25; N.J.S.A. 54:4-23. The implementing ... shall be the true value of such real property. . .” N.J.S.A. 54:4-2.25. Stated succinctly, in New Jersey, “it is the ... the property as of the assessment date, as required under N.J.S.A. 54:4-2.25. Moreover, the 2014 Appraisal Report was prepared to facilitate ...

docket:	009767-20
court:	NJ Tax Court
decided:	2016-09-23
status:	unpublished
citation:
Document Size:	57024

15 COASTAL EAGLE POINT OIL CO. Plaintiff v. WEST DEPTFORD TOWNSHIP, <br -- rank: 806

... the instructions on the form and the statutory prescription of N.J.S.A. 54:4-2.45, plaintiff calculated the taxable value of that property as ... the taxable value of the process equipment calculated pursuant to N.J.S.A. 54:4-2.45: $67,381,846 -32,384,500 $34,997,346 ... value of the process equipment calculated by Coastal pursuant to N.J.S.A. 54:4-2.45 as of January 1, 1996. Although the assessor had ... should be valued. Plaintiff argues fair market value, pursuant to N.J.S.A. 54:4-2.44. The municipality argues that the statutory presumption based on ... an upper limit on the percentage depreciation (80%) allowed by N.J.S.A. 54:4-2.45 is conclusive. That issue will be resolved in the ... to local property tax is based on a statutory formula. N.J.S.A. 54:4-2.45 and -2.47 (but see N.J.S. ...

docket:	00020-99
court:
decided:	1999-09-01
status:
citation:	19 N.J. Tax 123
Document Size:	48350